Settings8H · net · $10k
Funding arb · Price arb /

AERO

all AERO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended+0.291%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$770.774% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.210%−$21 · spread now +0.291%, 7d avg +0.063%
Together, before fees−0.274%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.228% dearer against Extended than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AERO-USD0.68580.0104pay 0.0013% / 1h56m 26s$200K$1.3M10x
ShortAster AEROUSDT0.68780.0100get 0.0050% / 4h2h 56m$39K$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: +0.291% → +0.063%
$22.75
Slippage, 4 orders
−$64.38
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.47
Costs to cover
0.774%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Aster: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago2.76 bp16.7 bp −$17120.9 bp −$1,209doesn't fitdoesn't fit
Sell Aster live order book, 29 min ago3.62 bp24.7 bp −$25doesn't fitdoesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AERO_USDC-PERPETUAL−0.0186%1h0.6875+0.248%$55K$11K10xas long as short
Injective AERO/USDC PERP+0.0052%1h0.6891+0.481%$4$166K5.5xas long as short
Hyperliquid AERO+0.0100%1h0.6867+0.127%$23.1M$5.7M3xas long as short
Aster AEROUSDTshort+0.0100%4h0.6878+0.291%$39K$107K10x
Binance AEROUSDT+0.0100%4h0.6860+0.033%$25.3M$25.7M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6861+0.044%$21.8M$20.7M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6863+0.073%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6874+0.233%$1.6M$559K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6869+0.160%$8.1M$1.6M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6863+0.073%$2.3M$849K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDT+0.0100%4h0.6856−0.029%$4.1M$2.2M75xas long as short
BingX AERO-USDT+0.0100%4h0.6859+0.015%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6887+0.417%$1.8M$1.7Mas long as short
Extended AERO-USDlong+0.0104%1h0.6858long leg$200K$1.3M10x
Aevo AERO-PERP+0.0104%1h0.6878+0.287%$46K3xas long as short
01 Exchange AEROUSD+0.0112%1h0.6864+0.080%$186$1153xas long as short
Backpack AERO_USDC_PERP+0.0179%1h0.6883+0.360%$102K$318K15xas long as short
Reya AERORUSDPERP+0.0228%1h0.6866+0.111%$19K$4K15xas long as short
BloFin AERO-USDT+0.0340%4h0.6877+0.277%$915K$713K25xas long as short
Lighter AERO+0.0496%1h0.6891+0.483%$1.3M$492K3xas long as short
GMX AERO/USD [ETH-USDC]L +0.0501% / S −0.0229%1h0.6876+0.267%$91K100xas long as short
RISEx AERO/USDC+0.0530%1h0.6866+0.123%$206K$417K3xas long as short
Coinbase International AERO-PERP-INTX+0.1488%1h0.6900+0.612%$92K$18K25xas long as short